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Project Foundryrevenue, valuation & funding

Other Collaboration SoftwareMilwaukee, WisconsinFounded 2005CEO William Mortimore

Project Foundry is an Other Collaboration Software company based in Milwaukee, founded in 2005.

projectfoundry.comLinkedInUpdated Oct 17, 2024
Annual revenue
$1.3M
Oct 2024EST.
Valuation
$2.6M
Oct 2014
Total raised
$3.5M
6 rounds
Employees
10
Oct 2024

Project Foundry revenue

Project Foundry has not published its revenue. GetLatka estimates it at about $1.3M a year (October 2024).

$0
$500K
$1M
$697.3K
–
$1M
$1.3M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 3 revenue readings, with sources
As ofRevenueSource
Apr 2021$697.3K–
Dec 2023$1MEST.GetLatka estimate
Oct 2024$1.3MEST.GetLatka estimate

– source not recorded

Project Foundry valuation

Project Foundry is privately held, so there is no Project Foundry stock to buy. Investors valued it at $2.6M in its October 2014 Seed round.

Valuation history$2.6M Seed 2014$2M Seed 2013

Project Foundry funding rounds & investors

Project Foundry has raised $3.5M across six rounds since 2013. The latest was a $1.3M funding round in March 2016.

DateRoundRaisedValuation
Mar 2016Venture$1.3M–
2016Funding round$1.1M–
Nov 2015Seed$100K–
Oct 2014Seed$767.4K$2.6M
Feb 2014Seed$150K–
Mar 2013Seed$80K$2M
Total raised$3.5M

Project Foundry competitors

Project Foundry competes most directly with Asana, ClickUp and Basecamp.

CompanyRevenueFundingEmployeesCustomersFounded
Asana$790.8M$453.2M3,91475K2009
ClickUp$300M$537.5M1,010100K2017
Basecamp$280M–171252K1999
Project Foundry$1.3M$3.5M10–2005

Project Foundry CEO, founders & employees

William Mortimore founded Project Foundry in 2005 and runs it as CEO. Project Foundry had 10 employees (October 2024, LinkedIn).

0
3
5
8
10
8
10
10
10
2021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 5 headcount readings, with sources
As ofEmployeesSource
Oct 202410LinkedIn
Dec 202310LinkedIn
Dec 202210LinkedIn
Dec 20218LinkedIn
Apr 20218–

Project Foundry FAQ

What is Project Foundry's revenue?

GetLatka estimates Project Foundry's revenue at about $1.3M a year (October 2024). The company hasn't published its own figure.

What is Project Foundry's valuation?

Investors valued Project Foundry at $2.6M in its October 2014 Seed round.

How much funding has Project Foundry raised?

Project Foundry has raised $3.5M across six funding rounds. The latest was a $1.3M funding round in March 2016.

Is Project Foundry publicly traded?

No. Project Foundry is a private company, so its shares aren't traded on a stock exchange.

How many employees does Project Foundry have?

Project Foundry had 10 employees in October 2024, according to LinkedIn.

Who is the CEO of Project Foundry?

William Mortimore is the CEO of Project Foundry and founded the company in 2005.

Who founded Project Foundry?

William Mortimore founded Project Foundry in 2005.

How this page is sourced

4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun Project Foundry? Join the podcast